The Largest Investment Rounds in #Web3 🌐

⏺ #Sollong . The developers have received $30 million to build a fully decentralized physical infrastructure. The round was led by venture funds Genesis 22, #WAGMI Ventures and Wonder Ventures. This highlights the growing interest of investors in physical and network decentralization.

⏺ #Bluesky . A platform aimed at creating a federated social web. Raised $15 million from Blockchain Capital, Alumni Ventures, and True Ventures. With decentralized social media gaining popularity, investors see opportunities in platforms that give users control over their data.

⏺ #Gelato . Raised $11 million to build a decentralized backend for the Web3 sector. The platform allows for the development of smart contracts. The round was led by Hack VC, Animoca, and Dragonfly, highlighting the importance of innovation in smart contract infrastructure.